07-07-2007, 11:13 | #5 | |
Chef extraordinaire
Join Date: Jul 2006
Location: Infinite Loop
Posts: 11,143
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Quote:
Apple shares are now $132.34 up from $93.51 an increase of around 42% in 2 1/2 months and a given really since the iPhone was due to launch. They'll climb even higher with the leopard launch at the end of the year. Google shares are now $541.63 up from $479.06 which isn't as much as Apple and yes they are more expensive but certainly around 15%. What people need to remember is shares are like property 10 years ago people wouldn't have dreamt of paying such high prices for properties so now they can sell them on as their prices increase. It's great if you can buy them for a low price but others which are pretty likely to increase in value i.e. Apple would have been a good investment for Johnny if he could afford enough. If he had invested say £2k he would now be looking at a return of a profit around £750 today to invest into something else. EDIT: Just seen you had 6k so you'd be looking at a total of £8250 today. An ISA is the safe thing to do with that kind of money but I personally would have invested some and kept a close eye on it and sold if things started to go south. Glad you said that
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"Dr Sheldon Cooper FTW!" Last edited by leowyatt; 07-07-2007 at 12:33. |
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